YOUTUBE CHANNEL : SURAJ PATEL EDUCATION
ECONOMICS OF GLOBAL TRADE AND FINANCE
M.COM [PART 1] ( MCQ PART 2 )
190 + Importance ECONOMICS MCQ PDF
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25. The option price ceteris paribus will be
________ related to the amount of time that the option has to run before
expiry.
a. positively
b. negatively
c. positively and negatively
d. independent
Answer a.
26. The option premium usually is
a. Less than the sum of intrinsic value and time value
b. Greater than the sum of intrinsic value and time value
c. Equal to the sum of intrinsic value and time value
d. Independent of intrinsic value and time value
Answer c.
27. Which of the following states is the
largest producer of coffee in India?
a) Karnataka
b) Kerala
c) Orissa
d) West Bengal
ANS. A
28. Which one of the following countries is the
largest solar power producer in the world?
a) China
b) India
c) Japan
d) USA
ANS. A
29. Which country ranks first in 2011 Human
Development Index among 187 countries in H.D.I. Report.
(A) Norway
(B) Australia
(C) New Zealand
(D) U.S.A.
ANS. A
30. India has been able to spend only about US
$____________billion annually on infrastructure, leaving a deficit every
year.
a. US$100-110
b. US$500-600
c. US$200-300
d. US$300-400
Answer: a
31. Which Industrial Policy
Resolution(IPR)/statement introduced the concept of Joint sector in Indian
industries
a. IPR, 1956
b. IPR, 1948
c. Industrial policy statement, 1977
d. IPR, 1991
Answer: a
32. The monetary policy committee consists of
_________ members
(a) 4
(b) 6
(c) 8
(d) 9
Ans: (b)
33. The acronym JAM stands for
(a) Jan Dhan, Aadhaar, Mobile
(b) Jan Dhan Account
(c) Jan Adhar Mandal
(d) Jan Adhar, mobile
Ans: (a)
34. Which of the following state has Total
Fertility Rate well below the Replacement Rate?
a. Bihar
b. Uttar Pradesh
c. Jharkhand
d. Punjab
Answer: d
35. Maternal Mortality Ratio (MMR) of India has
declined to ______per lakh live births in 2014-16.
a. 200
b. 130
c. 120
d. 100.
Answer: b
36. The overall electricity savings in India
due to adoption of energy efficiency measures is estimated at _________per cent
of the net electricity consumption in 2017-18.
a. 8
b. 7.21
c. 5
d. 12.5
Answer: b
37. The Rho of an option measures
a. time decay of an option
b. rate of change of the option price with respect to
interest rate
c. rate of change of the option price with respect to
volatility of the underlying asset
d. the change in relationship between the stock price and
the option price
Answer b.
38. Rolling the hedge forward in a futures
contract means that
a. keep all futures contracts open
b. close one futures contract and take a position in a
contract with a later delivery date
c. delivery dates in a futures contract do not matter
d. choose the same delivery date
Answer b.
39. Which of the following items is not used in
estimating GDPfc or Yfc
a. Wages
b. Profits
c. Investment expenditure of government
d. Operating surplus of government enterprises
Answer: c
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40. DSGE models are dynamic in nature because
(a) They involve intertemporal consumption choices
(b) They involve optimization
(c) They involve maximization
(d) They study the behavior of the representative agent at
a given time
Ans: (a)
41. In DSGE models, the utility from
consumption in the future, is
(a) Ignored
(b) Given a weight equal to current utility from
consumption
(c) Discounted, such that the distant future consumption
gets lesser weight
(d) Static
Ans: (c)
42. When the economy reaches Golden Rule level,
the marginal product of labour is
(a) Equal to the rate of depreciation of capital
(b) Greater than the rate of depreciation of capital
(c) Less than the rate of depreciation of capital
(d) Increasing
Ans: (a)
43. The discount rate β, at which future
utilities are discounted in a DSGE model, to derive the present value of life
time utility is assumed to lie between
(a) 1 to ∞
(b) 0 to 10
(c) 0 to 1
(d) 1 to -1
Ans: (c)
44. The consumption Euler equation is derived
by maximizing the objective function which is the sum of
(a) Present value of lifetime utility and the resource
constraints
(b) Future value of current utility and the resource
constraints
(c) Present value of lifetime utility
(d) Current utility and the resource constraints
Ans: (b)
45. Discounting the future utility from consumption
results in
(a) Rise in consumption
(b) Fall in consumption
(c) No change in consumption
(d) Fall in investment
Ans: (b)
46. The main justification for persisting with
different levels of minimum wages across states is that they
reflect___________.
a. Different levels of economic development
b. Different geographical characteristics
c. Different life expectancies
d. Different consumption patterns
Answer: a
47. The adoption rate of electric vehicles in
India has been slow, largely due to:
a. Lack of roads
b. Low production
c. Lack of charging infrastructure
d. Lack of drivers
Answer. C
48. ____________aims to safeguard the health of
women and children by providing them with clean cooking fuel.
a. Pradhan Mantri Ujjwala Yojana
b. Pradhan Mantri Jeevan Jyoti Bima Yojana
c. Sukanya Samridhi Yojana
d. Pradhan Mantri Jan Dhan Yojana
Answer: a
49. The share of agriculture, forestry and
fishing sector in Gross Value Added (GVA) has seen a steady decline over the
years to ________in 2018-19.
a. 14.4 %
b. 8%
c. 10%
d. 6%
Answer: a
50. According to the Agriculture Census,
2015-16, the share of marginal holdings (less than 1 ha) in total operational
holdings increased to ________in 2015-16.
a. 40%
b. 50%
c. 68.5%
d. 55%
Answer: c